“In this update to Hidden Risks: The Case for Safe and Transparent Checking Accounts (April 2011), Pew’s Safe Checking in the Electronic Age Project continues its study of checking account terms and conditions to examine both the state of the marketplace and the effect of current regulations. This study revisits and expands on the original research of the 10 largest banks by collecting additional data found online from the 12 largest banks and the 12 largest credit unions (as determined by their domestic deposit volumes). There continue to be key banking practices that put consumers at financial risk and potentially expose them to high and unexpected costs for little benefit.”